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March 09, 2010

Goal Organization Changes


So while the advice I received of making one or two large goals, three to five medium goals, and lots of small goals, I've realized it's not properly motivating me.

I'm going to try a new system in a few days (as soon as my apartment's internet starts working).  I'll be making five large goals overall in five areas of my life:

1) Health/Fitness

2) Relationships

3) Skills/Personal Growth

4) Wealth/Career

5) Enjoyment

And hey, if this system doesn't work, I'll just go back to the big --> med --> small system and iron out the kinks.

I got this idea from the Personal MBA program I'm currently working on.  In a few days, I'll enter those goals and roll together my current ones. Let's see what happens.

March 05, 2010

In Transition


I've finally moved into my new apartment with my friend, but I still have no internet there.  I'm kinda doing this on my work computer, but I wanted to let you guys know I'm still going for my goals (just not updating every day like I used to).

I've noticed two things.  First, new habits are VERY stressful to add to your repertoire.  I haven't really felt quite like myself with so many changes going on in my life (the move, making my food, financial choices, love life, etc).  My roommate says that I seem a little frazzled lately, and I'll put my pride aside to say that he's right.

It's weird.  At work, I don't feel stressed unless I have a LOT on my plate (the book Bit Literacy REALLY helped alleviate how I can tackle my workload).  At home, I feel like there's always something to fix/do.  Anyone else feel like this and how'd you get over it?

Anyway, it's time for me to get back to work, but I wanted to write something here for an update as well as keeping up the habit of using GoalForIt to create solid action plans.

Wish me luck!

February 18, 2010

The First Steps to Financial Mastery


So as you probably could tell from all my goals, I'm seeking to get it all together for myself at a young age so they develop to be healthy (and automatic) habits as I get older.

I REALLY appreciate all the comments you all leave about my organization in my goals!  Especially I used to lack organization.  Very badly.  I had receipts for purchases from months before.  My financials were anybody's guess.  Yeah, I know about 80% of Americans can't tell you how much they've spent for the week, much less for the month.  But just because it's a majority doesn't mean I wanted to be there lol.

So basically I'm working on two pretenses:

- Concentrate with fervor on the things that'll enrich my life.

- If at first I'm not good at something, make success inevitable until I get to it.

An example of the latter is my saving/spending patterns.  My bookkeeping isn't so good since I'd normally overestimate how much I have for savings (despite keeping clean records on Excel!).  It was frustrating, but obviously I couldn't give up on controlling my finances.  I had to make success inevitable.

So I got a Mint account to help me track all my spending and followed the automatic savings plans from "I Will Teach You To Be Rich" by Ramit Sethi.  Despite his cheeky (and sometimes try-hard) humor, he's got a lot of good points to make about automating finances to make success inevitable.  This was just what I needed.  I've saved up a nice emergency fund AND have started saving for future goals.

And best of all, I only need to manage my funds for about an hour every week.  So I can spend my time doing whatever else I want/need to do.  Very cool :)

I think my finances are pretty solid and my plan is robust, so I'll be moving to a new apartment in the next week.  I sure hope the move goes smoothly.  Yeah, I know I could save loads if I just lived at home and could use the money to pay off student loans (I have no credit card debt), but I know that's essentially living with a crutch.  I worked out the numbers, know I'm going to be fine, and so I see this as a step towards my own independence.

Godspeed.

Mach3Maelstrom

Gender:
Male
Achieving since:
January 18, 2010